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ICCP SBI Venture Partners

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ICCP SBI Venture Partners

VC Fund

About ICCP SBI Venture Partners

ICCP SBI Venture Partners is a joint venture between ICCP Venture Partners — the Philippines' longest continuously operating venture capital firm, tracing back to 1998 — and SBI Holdings, a major Japanese financial services group. Based in Makati, the firm had made 31 investments as of November 2023, combining ICCP's decades of local market experience with SBI's regional capital and network.

Confirmed portfolio includes Philippine sari-sari store platform GrowSari, Singapore-based AI recruitment platform X0PA AI, and Singapore-based proptech marketplace Propseller — reflecting a mandate that reaches beyond the Philippines into wider Southeast Asian technology deals.

Investment Thesis

ICCP SBI backs technology-enabled companies from seed through growth stage, drawing on ICCP's long local track record for Philippine sourcing and SBI's balance sheet and regional network for follow-on capital and cross-border connections. Its confirmed deals span e-commerce/retail-enablement (GrowSari), AI-driven recruitment (X0PA AI), and proptech (Propseller), suggesting a generalist technology mandate rather than a narrow sector focus, applied across both the Philippines and neighboring Southeast Asian markets.

Portfolio Companies

GrowSari, X0PA AI, Propseller